Economic Update
(Monday, March 29, 2021)
This pandemic has really exposed the fault lines in our workforce demographics. It has exposed the divide between those who can work from home and those who can’t (deemed e...
We bought a home in Pasadena from a wholesaler with the intention of doing a fix and flip. They had a contract with the 83 year-old seller saying she could stay in the property for 15 days after COE, to which we also ...
Title catch your attention? Good, because this is the (incorrect) message my mind has been bombarded with for the past couple of weeks. I'll give you a bit of context to work with: I am currently taking the mandatory ...
Hi BP community! I would love some guidance here... I have been working with a credit union to get a HELOC to allow me to tap my equity to buy additional real estate. As a final step, they requested an in-person appra...
I was about 5 days from closing on my first place (an up/down duplex + cottage)...when the lenders (a typical residential / investment lender) said he would not fund the transaction...because the appraisal came back s...
Hey guys my name Is Lance, I'm a real estate investor in Cleveland, Ohio.I recently put a multifamily property under contract that from all the numbers, appears to be a KILLER cashflow property.I'm asking 88k for a 4 ...
Backstory:A little less than a year ago I purchased one of two dilapidated houses on a lovely quiet street in upstate NY. The houses are literally next door to each other which is somewhat of an odd coincidence, but I...
So where do I start?I have actually posted here prior to, but got caught up in the 9-5 family lifestyle ... Work, sports on the weekends with my little guy, and family time in general ... I want to flip houses! I kno...
Has anyone had any luck negotiating with an HOA to reduce delinquent dues so a house can be purchased and saved from foreclosure? The HOA is in a junior lien position so they will get nothing if the house goes to ...
I have a potential deal on a property I want to rehab and sell. The seller is asking if they can stay up to 60 days after closing (we would have to agree on concession), so they can locate a new place to live. They ...